Clipper Realty Inc. (CLPR) Tops Q3 EPS by 3c

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Go back to Clipper Realty Inc. (CLPR) Tops Q3 EPS by 3c

Clipper Realty Inc. Announces Third Quarter 2023 Results

November 2, 2023 4:01 PM EDT

NEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR) (the Company), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended September 30, 2023.

Highlights for the Three Months Ended September 30, 2023

Record quarterly revenues of $35.1 million for the third quarter of 2023 Quarterly income from operations of $9.2 million for the third quarter of 2023 Record net operating income (NOI) of $20.0 million for the third quarter of 2023 Quarterly net loss of $2.3 million for... More